If you are an NHS contractor or part of a supply network, social value is increasingly something to take seriously. The NHS’s focus for 2024 is social value, in all contract work, enhanced by the new Procurement Act. Social value is not straightforward: it requires effort, dedication, careful planning, efficient action, and capable reporting.
Announcement: Constellia partners with whatimpact.com
Constellia partners with whatimpact.com to Transform Effectiveness and Ease of Delivering Social Value in Procurement whatimpact.com and Constellia, a UK-leading Procurement Managed Service Provider, have today, 26th October, announced their new partnership. This partnership aims to maximise opportunities for suppliers to deliver tangible social value to public sector and utility clients. With sustainability at
Social value job roles are at the heart of commercial success for companies
Social value as an umbrella concept for social, environmental, and economic value is currently one of the biggest forces changing the private sector. The fast-escalating climate crisis and wide range of poverty and inequality-related challenges are touching us all on a global level. In the quest to tackle these challenges, the public sector has put
Fueling Collaboration: How the Government’s Social Value Initiative is Empowering Charities and Social Enterprises
Government’s drive for social value has created new company collaboration opportunities for charities, social enterprises and local initiatives. The private sector is increasingly investing in environmental and social value for ESG requirements, employee engagement and building a sustainable legacy. Social value is an umbrella concept for social, economic and environmental value, and since 2021 it
How to build a winning social value plan?
A social value plan is playing an increasingly important role in government contracts and has become the winning factor when bidding for tenders. PPN 06/20 requirements for explicit, locally relevant and contract-specific social value are now over two years old. During this period, many local authorities and central government organisations have received unrealistic social value
Social value & fairness in sustainable supply chain practices
Sustainable supply chain practices play a big part in social value management. Suppliers have various types of impact on the success and desirability of a company. Policies and standards related to social and environmental value, as well as governance practices create new demands for supplier management. Whatimpact operate in a diverse world of partnerships: enhancing